HomeNew JerseyMonmouth CountySpring Lake borough
Spring Lake borough, New Jersey: commercial real estate data.
Spring Lake borough is a Census borough of 2,779 people across 1.33 square miles of land, in Monmouth County. Median household income is $215,625, 91.8 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $3.5 m.
76 sourced place values · tier FULL · 8 sections
Spring Lake
What Spring Lake is
- Census place typeborough
- Land area1.33 sq mi
- Water area0.41 sq mi
- Population per square mile of land2,086
- County holding the largest share of its areaMonmouth County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Lake
How many people live in Spring Lake
- Population2,779
- Median age59.8
- Population under 18300 plus or minus 107
- Share under 1810.8 percent plus or minus 3.8
- Population 65 and over1,029
- Share 65 and over37.0 percent
- Households1,259
- Family households945
- Share of households that are families75.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Lake
Income and work in Spring Lake
- Median household income$215,625 plus or minus $84,140
- Per capita income$130,192
- Civilian labor force1,222
- Employed1,193
- Unemployed29 plus or minus 28
- Unemployment rate2.4 percent plus or minus 2.3
- Adults 25 and over2,314
- Adults 25 and over with a high school diploma or higher98.3 percent
- Adults 25 and over with a bachelor degree or higher84.1 percent
- Adults 25 and over with a graduate degree44.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Lake
Housing in Spring Lake
- Housing units2,011
- Occupied units1,259
- Vacant units752
- Vacancy rate37.4 percent
- Owner occupied1,156
- Renter occupied103 plus or minus 59
- Ownership rate91.8 percent
- Median owner-occupied home value$2,000,001
- Median gross rent, monthly$2,175 plus or minus $617
- Annual rent as a share of median income12.1 percent plus or minus 5.8
- Single family units1,863
- Share single family92.6 percent
- Units in buildings of two or more148 plus or minus 70
- Share in buildings of two or more7.4 percent plus or minus 3.4
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Lake
How Spring Lake gets to work
- Workers 16 and over who commute845 plus or minus 192
- Commuting under 15 minutes326 plus or minus 130
- Share commuting under 15 minutes38.6 percent plus or minus 12.6
- Commuting 30 minutes or more375 plus or minus 119
- Share commuting 30 minutes or more44.4 percent plus or minus 9.8
- Drove alone61.4 percent
- Carpooled0.0 percent
- Public transport5.4 percent plus or minus 3.9
- Walked3.2 percent plus or minus 4.3
- Worked from home29.2 percent plus or minus 8.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spring Lake
SBA 7(a) lending to Spring Lake borrowers
- Approvals7
- Gross approval$3,516,400
- Average approval$502,343
- Median approval$50,000
- Ninetieth percentile approval$2,000,000
- Largest approval$2,000,000
- Jobs supported65
- Jobs per approval9.3
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS6
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spring Lake
SBA 504 lending to Spring Lake borrowers
- Approvals1
- Gross approval$199,000
- Average approval$199,000
- Median approval$199,000
- Largest approval$199,000
- Jobs supported1
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monmouth County, not Spring Lake
Monmouth County context, not Spring Lake figures
These are Monmouth County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Spring Lake measurements.
- Establishments in Monmouth County19,883
- Employment at those establishments, Monmouth County257,734
- Covered employment, Monmouth County274,000
- Average annual pay, Monmouth County$70,560
- Average weekly wage, Monmouth County$1,357
- Housing units permitted, Monmouth County2,782
- Of those, single family, Monmouth County2,151
- County product, 2024, Monmouth County$52,693,317,000
- County product change over the prior year, Monmouth County5.3 percent
- Average income of an arriving household, Monmouth County$138,672
Every figure in this section is published for Monmouth County as a whole and is not a measurement of Spring Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Spring Lake questions, answered from the record.
How many people live in Spring Lake, New Jersey?
2,779, in 1,259 households. Spring Lake borough covers 1.33 square miles of land, which is 2,086 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Spring Lake in?
Monmouth County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Spring Lake?
$215,625. The median owner-occupied home is valued at $2,000,001. Median gross rent is $2,175 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Spring Lake businesses?
7 7(a) approvals totalling $3.5 m, across 4 lenders, median approval $50,000, plus 1 504 approvals worth $199,000. These count approvals to borrowers whose address is in Spring Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Spring Lake borrowers get paid back?
No rate is published for Spring Lake. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Spring Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monmouth County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Spring Lake.
Is zoning published for Spring Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.